“This is a game changer for companies looking for a Chair or NED. A powerful FREE tool.”

Anthony Chadwick CEO Alpha Vet International

Register to post jobs to our network FREE

You're all set

You’re about to join an exclusive membership club of highly skilled and aspiring Non-Exec’s. No up-sells, no gimmicks, just the expert tools to develop your portfolio career.

Only £149
LIMITED TIME OFFER!

Join Now

Send message to The VirtualNonExec Team

Send message to Dominic

Upgrade to premium to unlock job access

1000s of companies, advisory firms, and headhunters have access to our 100% free job board. I have built relationships for 20 years to ensure we get the very best roles.

We do not scrape jobs from websites like others. You have my personal guarentee.

Dominic Lavelle

Location

London

Sector/s

Construction, FMCG / Retail, Property, Technology
Contact dominic Contact Dominic

About dominic

Over 15 years’ experience as a UK plc Main Board Director; Finance Director/CFO of 7 UK plc’s in both permanent roles and turnaround/restructuring projects.
• Resulting in thorough and successful experience of a comprehensive set of challenging Board situations, in addition to “business-as-usual”, as follows:
o strategic reviews;
o investing to drive long-term profitable growth;
o investing to increase efficiency and profitability; targeted cost-cutting;
o business acquisitions and disposals;
o debt and equity raising;
o global tax compliance and strategy (including transfer pricing);
o bid defence;
o CEO change; recruiting and building senior and functional teams;
o implementation of significant new IT systems;
o large-scale business and functional reorganisations and turnarounds;
o rescue financial restructurings; administrations and pre-packs.
• Across several business sectors: technology and services, retail, building, construction, support services, property (agency, management, valuation, investment, development), leisure, care home and insurance.
• International: SDL, Mothercare, Laura Ashley.
• Member of the: ICAEW; Institute for Turnaround (IfT).
• NED experience: 2 years at Bluestone Resorts Limited, a 5* holiday resort under bank ownership.
• Charity Trustee experience: Riders for Health (2003-2007); Friends of Craufurdland (2017-)

dominic's Career History

November 2013 - March 2018
SDL plc

CFO

• LSE quoted global content and language technology and services group: turnover £330m; 4,500 employees; market cap, £450m.
• Prior to joining in late, 2013, the group issued several profit warnings; share-price collapsed from 700p to 260p.
Key achievements
• Successful transition to a new business sector.
• Effectively managed immediate bank covenant waiver process.
• Re-built credibility with all stakeholders, share price recovery to >500p.
• Effectively guided the business through a CEO change in October 2015, working very closely with the Board and Exec Chairman.
• Led strategic review, finalised in Spring 2016; managed effective implementation of: targeted cost-cutting; disposal of 3 non-core businesses; investment in new business areas to drive sustained profitable growth, and; investment in infrastructure to increase cost efficiency.

September 2007 - October 2013
Various restructuring/turnaround projects

CFO or CRO

July 2012-Feb 2013 MOTHERCARE plc
Interim CFO
• LSE quoted global retailer, wholesaler: c1400 shops, turnover £1.2bn and 4,000 employees.
Key Achievements:
• Successfully guided the Main Board and business through the difficult initial period of an operational turnaround.

Mar 2012-June 2012 GAME GROUP plc/GAME RETAIL LIMITED
Chief Restructuring Officer
• LSE quoted video games retailer: 600+ UK shops; 7,000 UK employees; administrators appointed in late March.
Key Achievements:
• Assisted financial advisers/administrators (PwC) in successful “going concern” sale of the business to OpCapita.

Nov 2011¬¬-Feb 2012 BLACKS LEISURE GROUP plc
Interim Finance Director (reporting to CEO and Chairman)
• LSE quoted outdoor retailer: 300 shops; peak market cap £250m; turnover £200m; 3,500 employees.
• Severe liquidity issues from Spring 2011.
• Business sold early January, via a pre-packaged administration, for £20m to JD Sports.
Key Achievements:
• Effectively guided the Main Board and business through a very demanding and hazardous period.
• Project managed all workstreams (and all group and bank advisers) to a positive conclusion.

May 2010-Apr 2011 FINDEL plc
Chief Restructuring Officer (reporting to Chairman)
• LSE quoted multi-channel retailer; peak market cap. £700m; turnover £600m; 3,000 employees; debt of £400m.
• Introduced by Deloitte, PwC and KPMG in May 2010 to lead: restructure of £280m of bank debt and £105m trade debtor securitisation facility.
Key Achievements:
• Managed disposal of several non-core cash flow negative group businesses (Webb, Confetti, IWOOT).
• Assisted group advisers (Greenhill, Clifford Chance) in devising several financial restructuring options.
• Project managed all workstreams to a successful conclusion.
• March 2011: another £80m from shareholders; new 5-year bank facilities; bank debt for equity swap and bank debt paydown of £40m; new Group CEO and FD appointed.

Feb 2009-Dec 2009 GLADEDALE GROUP
Chief Restructuring Officer (reporting to Chairman)
• Privately owned, national house building and property development company, top ten of the UK’s leading house builders: turnover £700m; 1,900 employees and debt of £1.2bn (all LBG).
• Introduced by Deloitte February 2009, plus new Chairman and Group Company Secretary, to lead: restructure of £1.2bn of secured bank debt and transfer of ownership of 5 sub-groups to bank.
Key Achievements:
• August 2009: £530m debt/equity swap and £640m of new long-term secured debt facilities.
• Project managed all workstreams (and all group and bank advisers) to a positive conclusion.



Oct 2007-Nov 2008 ERINACEOUS GROUP plc/CALEY LIMITED
Group Finance Director (reporting to CEO)
• LSE quoted UK property services group: market cap. £400m, turnover £270m and 3,500 employees.
• Introduced by Deloitte in early October 2007, with a new CEO, to lead: restructure of £205m of secured bank debt (Lloyds, HBoS, HSBC); business turnarounds; several large and complicated financial claims.
• After 7 months and £30m+ of new bank money, in April 2008: administration of parent and non-core businesses and “pre-pack” of three divisions to bank-owned SPV, Caley Ltd, for £125m.
Key Achievements:
• Effectively guided the Main Board and business through a very demanding and hazardous initial period.
• Managed property and asset realisations to support the group’s short-term cash flow.
• Assisted group advisers (Deloitte, Close Brothers, Ashurst) in devising financial restructuring options.
• Retained for further five months to transition, integrate and separate the bank-owned businesses.

October 2003 - April 2007
Alfred McAlpine plc

Group Finance Director

• FTSE 250 support services group: market cap. £0.5bn, turnover £1.2bn and 9,000 employees.
• Radical restructuring in previous few years; change from traditional construction to service business.
Key Achievements:
• Successful transition to a new business sector.
• Refinanced in January 2006: enlarged facilities by £30m to £135m.
• Managed IT investment in SAP and finance systems; oversaw material business acquisitions.
• Uncovered, and led forensic investigation into, highly collusive and long-standing material fraud in very small, legacy, Slate subsidiary; delivered subsequent £180m emergency re-financing (April 2007).